Bitcoin spot ETF inflows listed in the United States ended after a streak of nine consecutive sessions, turning on Friday to net outflows of $201.8 million, as Bitcoin slipped below $78,000.
This shift is important because it reflects a rapid change in institutional investors’ appetite for the largest asset in the market. After a strong wave of buying that lasted nine straight sessions, just one session reversed the trend and put pressure back on the price, especially as the market approached a sensitive psychological and technical level at $78,000.
According to SoSoValue data, Bitcoin ETF funds recorded more than $3 billion in net inflows during the nine flow days. However, the balance for August remained positive at $3.3 billion despite there being only one remaining U.S. trading session in the month.
Meanwhile, the total net assets of these funds fell to $97.6 billion after they had surpassed $100 billion the previous Thursday. This decline suggests that some of the momentum that supported the funds in the past days has temporarily faded.
The funds with the biggest impact on outflows
Data from Farside Investors showed that the ARK 21Shares Bitcoin ETF, known by the ticker ARKB, led withdrawals on Friday with $114.9 million in net outflows.
Next came the Bitwise Bitcoin ETF (BITB) with net outflows of $49.7 million, while the iShares Bitcoin Trust ETF from BlackRock—which is the largest by assets among U.S. spot Bitcoin funds—recorded outflows of $33.4 million.
In contrast, Morgan Stanley’s Bitcoin Trust (MSBT) was the only fund to see inflows on Friday, adding $9.3 million.
What does that mean for the price of BTC?
Halting the inflow streak doesn’t necessarily imply a long-term reversal, but it shows that institutional support via the funds may become less steady when the price comes under pressure. If liquidity continues to leave Bitcoin ETFs, volatility around the $78,000 level may increase, as this level could turn into a new test of buyers’ confidence.
At the same time, the broader market picture wasn’t negative. Ether and XRP funds continued to attract flows on Friday, adding $102.2 million and $26.2 million respectively, while Solana funds maintained their positive momentum.
Bloomberg ETF analyst Eric Balchunas also noted that the Solana fund category attracted $1.7 billion in cumulative inflows, and that the Bitwise Solana ETF became the first fund in the category to exceed $1 billion in assets, despite what the analyst described as a sharp decline in the first half of the year.
In short, Bitcoin ETF flows are still a direct indicator of institutional demand, but the rapid shift from buying to selling serves as a reminder that the market remains sensitive to any change in investment sentiment—especially as BTC approaches key price levels.